Ethiopian Airlines

Ethiopian Airlines is an airline whose former chief, Tewolde Gebremariam, has been appointed Managing Director and CEO of the Tata Group-owned Air India. [1] source: Financial Express Air India said Gebremariam spent over 36 years at Ethiopian Airlines before taking the role. [2] source: Indian Express

Air India sources confirmed on September 30 that Gebremariam had received security clearance to become Managing Director and CEO, succeeding Campbell Wilson. [3] source: NDTV Profit The appointment was announced on August 5. [3] source: NDTV Profit Business Today reported on September 15 that the former Ethiopian Airlines chief was expected to become CEO and MD by month-end. [4] source: Business Today On September 28 he set safety, reliability, profitability and sustainable growth as priorities, telling over 24,000 employees that Air India must improve revenue and costs. [5] source: Times of India ET Small Business reported on September 25 that he inherits a proposed $1.5 billion equity infusion and a loss of Rs 22,238.23 crore for the year through March. [6] source: ET Small Business On September 18, ET Small Business reported that he was considering folding Air India Express into the group to cut costs. [7] source: ET Small Business

Tata Sons chairman N Chandrasekaran said the airline's next phase must prioritize financial sustainability. [8] source: Times of India Singapore Airlines holds 25.1% in Air India. [4] source: Business Today